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Turkish D-PPI up 53.3% YoY for textiles, 64.44% YoY for apparel in Feb

05 Mar '24
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Turkiye’s domestic producer price index (D-PPI) increased by 3.74 per cent month on month (MoM) and by 47.29 per cent year on year (YoY) in February this year. It increased by 8.03 per cent over the December 2023 figure and by 45.71 per cent on the twelve-months moving averages basis in the month, official statistics show.

D-PPI increased by 53.3 per cent YoY and by 3.73 per cent MoM in the textile sector in the month, while in the readymade garments sector, it increased by 64.44 per cent YoY and 5.24 per cent MoM.

D-PPI increased by 56.71 per cent YoY and by 4.56 per cent MoM in the country’s manufacturing sector in the month, an official release from the Turkish Statistical Institute said.

D-PPI decreased by 30.68 per cent YoY and by 4.96 per cent MoM for electricity, gas, steam and air conditioning in the month.

Fibre2Fashion News Desk (DS)

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